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China says it is ready for shocks while fresh Trump prices are looming

China says it is ready for shocks while fresh Trump prices are looming

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China said it was ready for unexpected shocks, before the American president Donald Trump imposing a higher rate rate in the second economy in the world and competes with rival superpowers.

Prime Minister Li Qiang, head of the Chinese economy under chief Xi Jinping, told Beijing on Sunday, foreign business leaders told Beijing that uncertainty and instability increased, but China would choose the right path of globalization and multilateralism.

We have preparations for possible unexpected shocks, which of course come mainly from external sources, said Li.

The United States is expected to impose additional samples from the imports of China on April 2, when it reveals the reciprocal prices on the country of the world.

The tone of the Chinese first charge comes while Beijing is trying to improve the feelings of consumers and investors, while preparing potential reprisal measures against future American prices and sanctions.

Since its entry into office, Trumphas has already slapped 20% prices on China, in a movement, the White House dit is designed to put pressure on Beijing to suppress stronger against companies that make fentanyl ingredients, a sometimes fatal synthetic opioid that has triggered an epidemic of drug consumption in the United States.

The LIS comments come while countries and businesses are preparing for the impact of reciprocal rates among expectations that Trump is not inclined to give exceptions before the deadline.

There are very few high-level talks between the United States and China since Trump took office, except a telephone call between the president and President Xi Jinping.

Trump last week said that Xi would come to the United States in the not too distant future, but that people familiar with conversations in Washington and Beijing said there had been no discussion on Xi's trip to America.

Lateronsday, Li meets Steve Daines, a Republican senator from Montana who is being done in Trump. Daines, who previously worked in China for business, Metvice Premier Helifeng, in a rare meeting between Asenior Americanlawmaker and High Chinese official.

The Daines office said that its meeting with Trumps Torateiterate calls China to stop the flow of chemicals used to make fentanyl. He added that the senatorhadexprimé hopes that new high-level talks between the United States and China will take place in the near future.

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